Shifted Energy Funding Round

3/7/2023

Venture Equity

$4,300,000

Seed

The company intends to use the funds for talent acquisition and expansion of coverage areas throughout the U.S., Canada, and Australia.

Private & Independent

Energy & Battery

643 Ilalo St 203
Honolulu, HI 96813
USA

Shifted Energy was created to enable widespread access to energy solutions. When Hawaii set the first 100% clean energy mandate in the US, Shifted's co-founder Olin Lagon sat on the governing board. During board discussions, Olin realized that many of the proposed ideas would be inaccessible to renters and low-income residents. Shifted was formed to create scalable solutions for these communities, beginning with a low-cost control service for an asset which can be found in every home: water heaters. Shifted has since expanded its analytical and control capabilities to cover a growing pool of assets and services while maintaining a consistent focus: enabling everyone to participate in the energy transition.